EURJPY - 24h expiry - We look to Sell at 145.55 (stop at 146.20) Buying pressure from 143.62 resulted in prices rejecting the dip. The current move higher is expected to continue. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction...
Trade Idea: Selling EURJPY Reasoning: Still below the downtrend on the daily Entry Level: 144.659 Take Profit Level: 142.39 Stop Loss: 145.42 Risk/Reward: 3.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
15min setup here for EURJPY we moved into our supply with clear bullish momentum and created a new swing range to the upside so iam looking for a new shift to take us higher and out of the current range we are in, if we don't react at demand shown at the base of our swing we will look for a bearish setup to give us that reversal that we had marked from last week,...
Hey Traders, in the coming week we are monitoring EURJPY for a selling opportunity around 144.8 zone, EURJPY was trading in an uptrend and successfully managed to break it out and now seems to be in a correction phase, if we get decent pullbacks i will consider a retrace of the trend around 144.8 resistance zone. i would also consider the trade due to potential...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 142.6 zone, EURJPY is trading in a downtrend and extending pullbacks seems to be approaching the major trend at 142.6 support and resistance zone. in case we get a good rejection i would set 193.4 as a target as it's considered the next major support zone EURJPY will...
On our EUR/JPY chart, I am expecting the breakdown of the higher time frame structure to persist, resulting in an overall reversal of price. Last week, the euro index weakened after being in an uptrend, while the Japanese yen has been performing well for several weeks. This could create an opportunity for a short trade setup for this currency pair. I will be...
EURJPY - 24h expiry - We look to Buy at 139.55 (stop at 138.60) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 141.3 zone. JPY continues to be the favored currency for the time being as it's considered a safe haven with current environment and in time of uncertainty. Technically we have noticed the EURJPY is in a correction phase and it seems to be approaching the trend at...
Bias: Short Market Cycle: Open We have a virtually identical chart on EJ as on my previous GbpJpy analysis, maybe a little cleaner in terms of PA.. I will look to trade the daily levels as they should hold more strength
Hey Traders, JPY is expected to see major changes in interest rate policy. expectations are rising as Japan didn't changed its policies for a long time since now and considering that JPY is also considered a safe haven in this type of environment where there is incertainty then investors tend to buy it. Technically we have noticed that JPY is rejecting an...
Hi Welcome to Team Decrypters we are expecting JPY to move up in coming Days hence expecting the Move Down Also technical Retracement is Due we will run towards SSL
Seems Like Preparing For Bearish Impulse Formed Rising Wedge In h4 Timeframe Incase Of breakout expecting 280 to 300 pips Bearish Move
EURJPY Short Entry: 145.150 TP1: 143.700 TP2: 142.600 SL: 145.460 "base on your own risk managment" For a higher win rate its safer to wait for the trendline breakout, then enter the short position
The EURJPY pair is bearish on its 4H technicals (RSI = 36.770, MACD = -0.190, ADX = 17.605) near the bottom of the 10 day Channel Down. The RSI is also inside a Channel Down but has more strength to lose before hitting its bottom. We may see a little more downside to it but on a 1 week horizon this is a buy opportunity (TP = 144.350) aimed at the top of the...
Looking at the H4 chart, we are seeing price is pushing up to our sell entry at 14546 which is resistance level where price had multiple rejections in the past. Our stop loss will be at 146.72 and take profit level is 143.66 which lines up with the 50% Fibonacci retracement Any opinions, news, research, analyses, prices, other information, or links to...
Hey Traders, EURJPY was trading in an uptrend, but now JPY seems to be recovering and EURJPY successfully managed to breakout the trend. i will be watching a potential retrace of the trend line around 144.3 supply and demand zone. once the rejection is confirmed 142.5 will be the next solid support and resistance zone EURJPY will be facing.
Hey Traders! Maybe a 30 pip buy till the daily resistance if broken then we would see trade go further, pretty good not perfect.